The Fed

Displaying 1 - 10 of 1691

How the Policy of Price Stability Generates Greater Economic Instability

Booms and BustsThe FedInflation

Blog09/30/2022

The Fed claims 2 percent inflation promotes "price stability." However, that policy also causes the boom-and-bust cycle, which is anything but stable.

Read More

History Repeats Itself: Abandoning Sound Money Leads to Tyranny and Ruin

The FedInflationProgressivismGold StandardMonetary Theory

Blog09/28/2022

The current bout of inflation is the latest disaster in a string of disasters caused by government debasement of once sound money.

Read More

Should the Fed Increase the Money Supply in Response to a Growing Economy?

The FedMonetary Policy

Blog09/26/2022

Standard economic theory states that as an economy grows, the money supply should grow with it. Appealing to the Austrian tradition, Frank Shostak shows that belief is mistaken.

Read More

Despite Their Hubris, Monetary Authorities Do Not Have Total Control

The FedInflationMonetary Policy

Blog09/22/2022

While officials in the White House, Treasury, and the Fed give the appearance of being in control, but in truth, they cannot undo the damage they have done.

Read More

The Fed Is Wrong to Make Policies Based upon the Phillips Curve

The FedInflationUnemployment

Blog09/15/2022

Adherents of the famous Phillips curve believe there is a permanent tradeoff between inflation and unemployment. This is mistaken.

Read More

How the Fed Helped Create Another Calamity: The Ongoing Emerging Market Debt Crisis

Economic PolicyThe FedInflationStrategy

Blog09/13/2022

The Fed's suppression of interest rates in the USA didn't just affect this nation's economy. It also drove investors to seek higher interest rates in questionable investments.

Read More

Looking at the Economic Myth of the "Soft Landing"

Booms and BustsThe FedInflationBusiness Cycles

Blog09/12/2022

Paul Krugman recently argued that the Federal Reserve can engineer a "soft landing" for the economy as it tries to deal with inflation. Such a view ignores economic realities.

Read More

Throwing the Fed's Machinery in Reverse: Fed Interest Rate Policies Continue to Damage the Economy

Booms and BustsCentral BanksThe FedInflation

Blog09/07/2022

The Fed’s tampering with market signals undermines the process of wealth generation, thereby exerting an upward pressure on the time preference interest rate and the market interest rate.

Read More

Inflation in the USA: Where Do We Stand Today?

The FedInflation

Blog09/02/2022

Biden has declared that the USA has "zero inflation" at present. Austrian economists say, "Not so fast."

Read More

Sound Money Can Prevent What Representative Democracy Does Not

Economic FreedomThe FedMonetary Policy

Blog08/29/2022

For all of the talk about "our democracy," there is a better way to protect the lives and property of people than just electing politicians. It is called sound money.

Read More